218k views
0 votes
If a country pays out more money to other countries than it receives from other countries, what type of balance of payments does it have?

deficit
comparative advantage
export
free trade

1 Answer

4 votes

Hello from MrBillDoesMath!

Answer: deficit

Dictionary definition: "an excess of expenditure or liabilities over income or assets in a given period."


Regards, MrB



User Timur Lemeshko
by
8.6k points

No related questions found